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According to statistics, the population in River Falls, WI amounts to 15,256, which shows decline 1% compared to the previous year. The median age of the city’s residents is 26. The average household income is $54,350, shifting growth 3% from the past year, and the average property value in River Falls, WI growth 2% to $177,500 throughout the year.
|Number Of Employees||8,757|
|Median Property Value||$177,500|
The average household income in River Falls, WI grew from $52,598 to $54,350 in the past year. This data is an estimate based upon 5,364 households in River Falls, WI . The chart below presents how household income is distributed in River Falls, WI in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in River Falls, WI shifted from $174,600 to $177,500 throughout the year. The subsequent graph indicates the share of properties in the given price range in River Falls, WI in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of River Falls, WI properties falls in the '$150,000 to $174,999' range, which is lower than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in River Falls, WI compared to median property taxes around the country. The prevalent amount of property taxes in River Falls, WI equals $3000, which is less than the national average.
|Apartment Size||Aug||vs Last Month|
|3 bed apartments||$320,000||+77.8%|
|4+ bed apartments||$363,872||-26.5%|
During Aug 2021, the average price for an apartment in/near River Falls, WI increased by 5.8% to $357,123.
Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $320,000. According to statistics, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $363,872 for a big-family home.
|Listing Type||Aug||vs Last Month|
|Townhouses for sale||$180,000||N/A|
|Lofts for sale||$439,900||N/A|
|Houses for sale||$372,236||-32.3%|
|Duplexes for sale||$274,000||N/A|
According to statistics, average house is still $372,236 with no significant changes this month. An average value of duplex is $274,000, thus a median price for a duplex remains the same this month. The price statistics of lofts have not significantly changed, it now still goes for $439,900. Value of the townhouses didn’t change, the price still starts at $180,000.
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